Legacy Iron Ore Ltd (ASX: LCY) will begin an initial drilling program on the first of several gold targets outlined at its newly-acquired South Laverton gold project in Western Australia.
A 2500 m RAB/aircore drilling programme is planned for the Yerilla prospect, located 150 km north-east of Kalgoorlie. Drilling should commence within three weeks, contingent on program of work approval by the Western Australia Department of Mines and Petroleum.
The Yerilla prospect lies over the margins of a small syenite stock enveloped by a shear system representing a play from the major Keith Kilkenny Tectonic Zone (KKTZ). To the north, the KKTZ hosts the major Leonora gold mining camp.
Numerous small gold workings are present in the area, with the most significant being the Bull Terrier deposit, which has an Inferred Resource of 527,000 t at 1.92 g/t (1.0 g/t cut-off) for 32,000 oz gold.
The proposed drilling will test the southern margins of the Bull Terrier deposit, and also an extensive area of gold in soils anomalism at the Dingo prospect, further to the south where gold has been worked from laterite overlying the south margin of the syenite stock.
The next drilling program at the Laverton South Gold project is planned for Stophanis Well – Jungle Dam tenements. The drilling is planned to investigate nine gold in soil anomalies (peaking at 300 ppb Au), which are co-incident with major gold bearing shears and located along the strike of the historic Patricia gold workings and the Edjudina Mining Centre. The project lies within active mining areas of Carosue Dam and Safari Bore.